|

Cryptocurrencies Price Prediction: Ethereum, Cryptos & EOS – American Wrap 16 May

Crypto market close to a top, with the possibility of a slight decline

Over the past seven days, the cryptocurrency market has ranged between $3.26 trillion and $3.30 trillion, reaching $3.33 trillion as of writing after recovering from the lower end of the range. Among the leading cryptocurrencies over the past day are EOS (+11.7%) and Aave (+8.5%). Among the outsiders are XPR and Monero, which showed a decline of 1%.

 

Is Ethereum's comeback real?

Ethereum (ETH) is making a comeback after months of underperformance. At the time of writing on Friday, it hovers above$2,500 after soaring nearly 100% since early April's bottom.

EOS price climbs as sentiment improves following $3 million purchase by President Trump's World Liberty Financial

EOS edges 9% higher, trading around $0.85 on Friday, while prices consolidate in the broader cryptocurrency market. The surge in EOS, rebranding to Vaulta to drive a Web3 banking network, comes amid improved sentiment bolstered by United States (US) President Donald Trump's World Liberty Financial buying the token.

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.